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French aircraft maker Dassault Aviation (DUAVF.PK) Friday reported a fall in first-half operating income, as sale of business jets declined and R&D expenses increased. The company also expects a decline full-year sales. For the 6-month period, operating income decreased by 40 percent to 113 million...

21st Century Century Fox (FOXA, FOX) said it would transfer Sky Italia and its 57.4 percent stake in Sky Deutschland AG (SKDTF.PK, SKDTY.PK) to British Sky Broadcasting Group Plc or BSkyB (BSY.L, BSYBY.PK) to create a pan-European digital television leader through the combination of these assets. In...

Bayer HealthCare Pharmaceuticals Inc., a subgroup of Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L), and Onyx Pharmaceuticals Inc., an subsidiary of Amgen (AMGN), reported that an investigational Phase 3 study of NEXAVAR or sorafenib tablets in patients with advanced breast cancer failed to achieve its primary...

Royal Bank of Scotland Group Plc (RBS, RBS.L) Friday said it expects to report first-half pre-tax profit of 2.65 billion pounds, significantly up from 1.37 billion pounds in the prior year. Announcing its preliminary results, the British lender said its profit attributable to ordinary and B shareholders...

Diversified miner Anglo American Plc (AAUKY.PK, AAL.L) reported a 48% growth in first-half total pre-tax profit to $2.945 billion, from $1.99 billion last year. Year-over-year profit for the period attributable to equity shareholders of the company surged to $1.46 billion, from $403 million. On an...

Infrastructure firm Balfour Beatty Plc. (BBY.L) Friday said it has been awarded a $136 million contract to build a prestigious and environmentally responsible office complex in the heart of uptown Charlotte, North Carolina. The building, known as 300 South Tryon, is being developed by Cornerstone...

Pearson plc (PSO, PSON.L) reported a loss before tax of 36 million pounds for the half-year 2014, compared to a loss of 16 million pounds, previous year. Loss for the period from continuing operations widened to 26 million pounds or 3.2 pence per share, from a loss of 5 million pounds or 0.5 pence per...

Carillion Plc. (CLLN.L) Friday said that the company and Balfour Beatty Plc. (BBY.L) are engaged in preliminary discussions in relation to a possible merger of the infrastructure companies. This followed an approach from Carillion to Balfour Beatty. The Boards of the companies believe that the merger...

British Sky Broadcasting Group Plc, known as BskyB, (BSYBY.PK, BSY.L) reported Friday that its fiscal 2014 pre-tax profit declined to 1.082 billion pounds from last year's 1.257 billion pounds. The latest results included negative adjusted items of 104 million pounds, compared to 7 million pounds last...

British Sky Broadcasting Group Plc, known as BskyB (BSYBY.PK, BSY.L) said Friday that it has entered into agreements with 21st Century Fox (FOXA, FOX) to acquire 21st Century Fox's 100% stake in Sky Italia and its 57.4% interest in Sky Deutschland (SKDTF.PK, SKDTY.PK). The total consideration for...

Telecom giant Vodafone Group Plc. (VOD.L, VOD) Friday said first-quarter group revenue totaled 10.204 billion pounds, up 6.2 percent on a reported basis, but down 4.4 percent on an organic basis. Group service revenue improved 6.4 percent to 9.446 billion pounds, but fell 4.2 percent organically. The...

French drugmaker Sanofi ( SNYNF, SNY) is said to have taken interest from private-equity firms such as KKR & Co.(KKR), Blackstone Group (BX) and TPG Capital, for the sale of its portfolio of older, off-patent drugs, according to Bloomberg. As per Sanofi's internal document circulated by a labor union...

Franco-Dutch airline Air France - KLM's (AFLYY.PK, AFRAF.PK) second-quarter 2014 net loss, group share shrunk to 6 million euros, from the prior year's loss of 158 million euros, impacted by an 106 million euro impairment charge relating to assets of the Cargo business. On an adjusted basis, the net...

Norwegian energy firm Statoil ASA (STO) said its second-quarter net profit surged to 12.0 billion Norwegian Kroner from 4.3 billion Kroner in the same quarter last year. Earnings per share was 3.75 Kroner, up from 1.38 Kroner last year. In the second quarter, the company said, it recorded a gain...

Europe's organic food producer Royal Wessanen NV (KJWNY.PK) Friday said second-quarter profit attributable to equityholders of the company was 41.0 million euros or 0.54 euro per share, compared to a loss of 1.2 million euros or 0.02 euro per share. Prior-year results have been restated. Revenue was...